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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
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Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.Â
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Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
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Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
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Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
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Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
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South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.
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"UPI, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
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Uber's Big Change: Auto Service Now Cash-Only - Find Out Why
Uber has shifted its Auto service to a cash-only model, abandoning digital payments to reduce friction between drivers and riders.
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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UPI's Share In India's Digital Payments Surged To 83%: RBI Report
The share of the Unified Payments Interface in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR of 74 per cent over the last five years, according a RBI report.
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Paratha For Breakfast, UPI Payment: How Cops Caught Saif Ali Khan Attack Suspect
Undone by a paratha. And the digital payments infrastructure. That was how Shariful Islam Shehzad, the man accused of stabbing Saif Ali Khan six times - in a suspected attempted burglary incident - was tracked down and arrested by Mumbai Police.
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India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
-
Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.Â
-
Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
-
Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
-
Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
-
Trump Family's World Liberty Financial Crypto Venture to Launch Stablecoin
Donald Trump's World Liberty Financial will launch a dollar-pegged USD1 stablecoin. USD1 will be launched on the Ethereum and Binance Smart Chain blockchains - digital ledgers that underpin the movement of crypto coins.
-
South Korea’s Central Bank to Start CBDC Trials for Real-World Transactions: Reports
South Korea is set to begin testing the Digital Won CBDC for real-world transactions in April, according to local reports citing the Bank of Korea (BoK). The programme will evaluate blockchain technology’s role in finance while allowing the BoK to assess its potential for reshaping the country’s fintech ecosystem.
-
"UPI, Delivery Apps": American Woman Living In India Lists 10 Things She Wishes US Had
Ms Fischer has discovered several innovative features that she believes would greatly benefit her home country.
-
Uber's Big Change: Auto Service Now Cash-Only - Find Out Why
Uber has shifted its Auto service to a cash-only model, abandoning digital payments to reduce friction between drivers and riders.
-
X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
UPI's Share In India's Digital Payments Surged To 83%: RBI Report
The share of the Unified Payments Interface in India's digital payments has surged from 34 per cent in 2019 to an impressive 83 per cent in 2024, with a remarkable CAGR of 74 per cent over the last five years, according a RBI report.
-
Paratha For Breakfast, UPI Payment: How Cops Caught Saif Ali Khan Attack Suspect
Undone by a paratha. And the digital payments infrastructure. That was how Shariful Islam Shehzad, the man accused of stabbing Saif Ali Khan six times - in a suspected attempted burglary incident - was tracked down and arrested by Mumbai Police.
-
India Delays UPI Payments Market Share Cap in Relief for PhonePe, Google Pay
India has pushed back the implementation of market share caps for UPI apps like Google Pay and PhonePe. According to the proposal, first made in November 2020, digital payment firms would not be allowed to hold more than 30 percent share of the volume of transactions processed via India's popular unified payments interface (UPI).
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
